Acton Institute Powerblog Archives

Christian Social Thought

Rev. Robert Sirico on socialism and the religious left in the Detroit News

The Detroit News has published an opinion piece by Fr. Robert Sirico on our increasingly contentious public discourse, socialism, and the religious left titled ‘The dangers of creeping toward socialism’: The popes have traditionally condemned socialism in the strongest possible terms as being incompatible with Christianity, because its concept of society itself is utterly foreign to Christian truth. Continue Reading...

Author of ‘Aquinas and the Market’ wins Vatican’s Economy and Society prize

  Yesterday, Prof. Mary Hirschfield of Villanova University received the prestigious “Economy and Society International Prize”, a €30,000 biennial award given by the Vatican’s Centesimus Annus Foundation. The dual doctoral degree holder in economics and theology was granted the prize money for her groundbreaking book Aquinas and the Market: Toward a Humane Economy (Havard University Press, 2018). Continue Reading...

Pope Francis on ‘fake charity’

At the recent Vatican meeting of Catholic Charities Pope Francis praised the participants for their concern for the poor and marginalized, but warned them of the danger of “fake charity.” Carol Glatz writes in Catholic Herald: Charity is not a sterile service or a simple donation to hand over to put our conscience at ease,” he said. Continue Reading...

Humanity 2.0: The human progress accelerator that ‘should’

  Matthew Harvey Sanders, a former seminarian turned successful technology and communications entrepreneur, has sought to fuse deep theological and moral convictions with his natural talent and contagious pioneering spirit. His brain child: Humanity 2.0, a self-described “human progress accelerator” showcased last May 9 at a forum held inside Vatican walls. Continue Reading...

Should credit-card interest be capped at 15%?

Democratic presidential primary contender Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez have unveiled a plan to cap credit-card interest rates at 15%: Under the “Loan Shark Prevention Act,” the annual percentage rate applicable to any extension of credit would not be allowed surpass 15% on “unpaid balances, inclusive of all finance charges” or “the maximum rate permitted by the laws of the State in which the consumer resides.” Consumer debt, and credit card debt in particular, is something many Americans struggle with and both the amount of total debt as well as the interest rates have escalated in recent years: The median credit-card interest rate was 21.36% as of last week, compared with 12.62% a decade ago, according to Creditcards.com. Continue Reading...

How can Christians shift moral consensus?

“Moral Consensus is a great goal for the moral fabric of a nation, except for one slight problem,” says Kyle Ferguson, “moral consensus tends to shift over time.” How then do Christians shift the moral consensus back in our direction? Continue Reading...